Vancouver Townhouse Blog November 11, 2014 · 4 min read Find the Right Real Estate Agent The right real estate agent can help you sell your property or purchase your dream home. The wrong agent can botch the transaction, costing you money and time. Despite the fact real estate is a high stakes game, buyers and sellers often invest little time when it comes to selecting a real estate agent. It’s […]
Vancouver Townhouse Blog November 5, 2014 · 2 min read Young People Buy in to Vancouver’s Housing Market With Vancouver’s astronomical housing prices, it seems that young people would be forced to live in basement suites forever. However, a recent analysis of home ownership done by Urban Futures shows that the proportion of young homeowners actually increased from 2006 to 2011, a period of steep growth in Vancouver’s housing market. Homeownership Rates Among […]
Vancouver Townhouse Blog October 21, 2014 · 2 min read Could Absentee Homeowners Fee Make Vancouver More Affordable? If you’ve spent any time looking at property in Vancouver, you already know it’s expensive. Like really expensive. Moreover, if you’re lucky enough to find something reasonable, you could well end up in a bidding war with a half dozen other would-be homeowners. Empty Condos in Vancouver’s Downtown Part of the reason attributed to this […]
Vancouver Townhouse Blog October 9, 2014 · 2 min read Saving for Your Future Home With rent on the rise, more and more people are looking towards affordable housing. Sure, Vancouver is one of the priciest markets on the planet, but buying a house and building equity just makes sense if rent costs pretty much the same as a mortgage. As agents specializing in the sale of townhouses in Vancouver, […]
Vancouver Townhouse Blog September 4, 2014 · 2 min read Avoiding Estate Scams Craigslist and Kijiji have become part of the daily lexicon. Every day, buyers and sellers use these services (and others) to reach interested parties and undertake thousands of transactions. However while such services are an efficient way to find the items you need and make a few dollars on the ones you don’t, there is […]
Vancouver Townhouse Blog August 22, 2014 · 2 min read Take Advantage of the Second Most Popular Real Estate Season Did you know that next to spring, fall is the busiest season for moving? The leafy season comes with a lot advantages for buyers and sellers including a wide selection of homes, pleasant conditions for moving, and let’s not forget squeezing in potential year-end tax benefits. GST new housing rebate If you buy a new […]
Vancouver Townhouse Blog August 12, 2014 · 2 min read Higher Rents Could Prompt More People to Buy Rent has been the more affordable option for many people in Vancouver, but the high cost of housing could add pressure to this market, causing rental prices to outpace real estate in terms of growth, according to rating agency DRBS. Rental Prices on the West Coast Prices of rental property typically parallel the housing market, […]
Vancouver Townhouse Blog July 23, 2014 · 2 min read 10 Reasons to Invest in a Townhouse Owning a home has long been regarded as a cornerstone of wealth and security. It cannot be lost or stolen. It often appreciates in value and functions like a giant piggybank. By straddling the gap between condominiums and single-family homes, townhouses are one of the most affordable options for housing in Vancouver. Whether you’re upsizing, […]
Vancouver Townhouse Blog June 18, 2014 · 2 min read First Time Homebuyers in Vancouver Look East In Vancouver, a lot of money doesn’t mean a lot of house. However consumer confidence is strengthening and homeowners seem to be in the mood buy, which could send prices soaring even higher. In fact, prices are expected to increase by two percent this year. It’s great news for homeowners, but not so great for […]
Vancouver Townhouse Blog May 27, 2014 · 2 min read Explaining the Trends in Vancouver’s Housing Market Anyone watching Vancouver’s housing market knows that peaks and valleys have been part of the trend for the past three years. After the Canadian government bid adieu to the Immigrant Investor program in March, housing prices fell by 11 percent. However, Vancouver’s HPI (Home Price Index) remains steady. Moreover real estate board chief Ray Harris […]
Vancouver Townhouse Blog February 8, 2014 · 5 min read Common Real Estate Terms Demystified! A-F (Check back next month for G-K) Amortization The length of time required to lower a debt to zero Amortization periods are most often 15, 20, or 25 years long. Anniversary Most lenders allow borrowers to make a payment on the anniversary of the mortgage. It is applied against the principal and is a good way […]
Vancouver Townhouse Blog February 5, 2014 · 3 min read Depreciation Reports You may have heard some news going around that when purchasing a condo or townhouse to make sure it has a depreciation report. For strata corporations formed on or before December 2011, a depreciation report was required by Dec 2013. For those corporations formed after Dec 2011, the depreciation report is mandatory after the second […]
